Jun 2, 2017

What environmentalists are watching post-Paris

Mosa'ab Elshamy / AP

In the aftermath of Trump's decision to leave the Paris climate deal, the most prominent environmental advocates are lamenting that this is the beginning of the end on addressing climate change — but here's what the energy sector is watching for next, from investment to jobs, Congressional to state action, and economics. What you need to know:

  • Investment shifts: Keep an eye on big multinational companies like GE, Siemens, or companies that make the tech of clean energy, which the VP of Global Climate at the Environmental Defense Fund Nat Keohane told Axios are on his watch list. Go deeper here.
  • Another campaign promise, jobs. If investors do shift their focus to other countries more committed to the Paris deal to build up their clean tech, renewables jobs in the U.S. could take a hit, which would hurt Trump, per Keohane. Go deeper via the DOE.
  • Congressional activity: "Some Republicans are waking up to the fact that [most] Republicans are driving them into the ditch [and] if they're gonna have a future with millennials, they're going to have to change on climate change," Keohane says. Go deeper here.
  • State-level and city-level activity: So much of what sets energy policy takes place at the state level with state utility regulators, state utilities boards and commissioners, and renewable energy mandates. These shifts will happen no matter whether we are in the agreement, according to an industry source. Go deeper here, via Axios.
  • It could be business as usual for Paris deal supporters: One industry source tells Axios because the Paris agreement was not enforceable" and Trump's decision isn't changing the market forces behind decreasing costs for wind and solar tech, a lot of the stakeholders and businesses who wanted the U.S. to stay in the agreement are going to go on with their business as usual. Go deeper, via WSJ.

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Clyburn: Sanders' "socialist" label will be "extra burden" in House races

Clyburn with Speaker Nancy Pelosi. Photo: Mario Tama/Getty Images

House Majority Whip Jim Clyburn (D-S.C.) said on ABC's "This Week" Sunday that Sen. Bernie Sanders' identification as a democratic socialist may be an "extra burden" in down-ballot House races if he were to win the Democratic nomination.

Why it matters: Clyburn's comments echo fears from many establishment Democrats, who worry the House majority they won in 2018 by taking moderate seats carried by President Trump could be at risk with Sanders at the top of the ticket.

O'Brien rejects intelligence report of Russia effort to re-elect Trump

National Security Adviser Robert O'Brien. Photo: Chris Usher/CBS via Getty Images

White House national security adviser Robert O'Brien repeatedly rejected on ABC's "This Week" an assessment from a congressional briefing led by the Office of the Director of National Intelligence that Russia is interfering in the 2020 election to help President Trump get re-elected.

Why it matters: The report put the Trump administration under fresh scrutiny in regard to steps it has been taking to combat the kind of interference that the U.S. encountered in 2016.

Go deeperArrowUpdated 30 mins ago - Politics & Policy

Italy becomes site of largest coronavirus outbreak outside of Asia

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus has spread to more nations as South Korea and Italy step up emergency measures in their countries amid rising case numbers on Sunday.

The big picture: COVID-19 has killed at least 2,462 people and infected almost 79,000 others, mostly in mainland China. South Korea increased the infectious disease alert to red, the highest possible, as its case numbers jumped to 602 and the death toll to five. Italy's government announced emergency measures as it confirmed a spike from three to 132 cases in matter of days, making it the largest outbreak outside of Asia.

Go deeperArrowUpdated 2 hours ago - Health